Is there a limit to the number of times a company can "be born again"..?
Printable View
Is there a limit to the number of times a company can "be born again"..?
They will come right one day
Rights issue at 1 cent - suppose can't go much lower for decency sake
https://www.nzx.com/files/attachments/242426.pdf
Isn't Mr. Rolleston a bit of a smart cookie? He still seems to be keeping this boat from sinking.........
Incidentally, the company I work at just did a smallish job for Mercer's last month. Will be interesting to see if they pay us on time. Past performance doesn't fill me with hope.
Did anyone attend the AGM yesterday ?
I heard on R NZ national radio this morning prior to 7.00am that more milk silos supposedly made by Mercers have been discovered to have welding cracks in them.
I would have thought considering the state that the company is in at present that this would have been announced to the market in general;.
Yikes...http://www.nzherald.co.nz/business/n...ectid=11737155
Up to $45m... game over?